Income tax raid on IPL Franchisees excluding Mukesh Ambani
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Income tax raid on IPL Franchisees excluding Mukesh Ambani

Mumbai : India | Apr 21, 2010 at 9:17 AM PDT
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Mumbai: Income tax department conducted raids on IPL franchisees on April 21. There were IT raids on the offices of Kolkata Knight Riders, Deccan Chargers, Delhi Daredevils, Chennai Super Kings and Royal Challengers Bangalore. Owners of Kings Eleven Punjab and Rasjasthan Royals are also under investigation. All these happened following raids on IPL and BCCI office. Huge amount of money is involved in cricket and especially IPL. Income tax department also imposed cases against IPl franchisees under FEMA for violation of the rules regarding foreign currency transactions.

Surprisingly Income tax department excluded Mumbai Indians and its owner Mukesh Ambani, Chairman, Reliance industries from the raid. Perhaps the department did not dare to touch the industrial giant.

People feel politics behind this. Mukesh Ambani said to be close to congress, the ruling party of India. IPL controversy has become the biggest political issue in India.

In between, Prime Minister Dr. Manmohan Singh called papers related to IPL and seen those.


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Jyoti Kothari is based in Jaipur, Rajasthan, India, and is a Reporter for Allvoices.
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Posted By dinesh58 dinesh58 | about 2 years ago
Seems Modi has big Ammo to fight against Big Wigs, bravely tackling Dirty Politicians & BCCI. If Modi fears his LIFE, like the seat of IPL Chairman, he should deposit all Proofs & Documents to Supreme Court before its destroyed by Dirty Politics or Under World involved. Like SWISS BANKS, is Looted & Black Money invested in IPL under the cloud of Celebrities and Industrialists by Politicians & Underworld on the name of Free Stake? How clean PAWAR stands in this? All culprits involved with " UNDERWORLD " investment in IPL must be charged with FERA, HAWALA, MONEY LAUNDERING & NATIONAL SECURITY ACT.
Posted By babano babano | about 2 years ago
It is now time to put pressure on Patel and Pawar to leave, after that we can tackle Jaitley. Politicians have no place in sports and games in our country, they carry their corrupt practices where ever they go.
Posted By jyoti_kothari Jyoti Kothari | about 2 years ago
Hi Dinesh and Babano,
Thanks for your comments.
Jyoti Kothari
Posted By jyoti_kothari Jyoti Kothari | about 2 years ago
There are politicians everywhere.
Jyoti Kothari
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